Further Global Expansion by Lactalis Group
Lactalis Group is expanding its presence in India and Egypt with two acquisitions. In India, the French dairy group is purchasing Prabhat, a dairy products company specialising in the production of packaged milk in plastic bags/pouches and ghee, that was established in 1998 at Shrirampur (State of Maharashtra). Prabbat is also a leading supplier of dairy ingredients. The company owns two factories, including one of the largest sweetened condensed milk plants in India, and employs 1,239 people. It generated sales of €200 million in 2018. Lactalis Group currently operates 11 factories in India.
In Egypt, Lactalis has acquired Green Land Company from Americana Group. Green Land owns five factories in Egypt and employs 1,250 people producing mainly cheeses. The move marks another stage in Lactalis Group’s development of the Egyptian dairy market with its partner M. Halawa. The joint venture Lactalis–Halawa has existed since 1997.
